Gov. Ned Lamont (D) this week proposed a holiday from the state’s 25-cent-per-gallon gasoline tax to last through the month of June.
He said he does not believe the gas-tax break can be extended beyond July 1 insofar as Connecticut’s acceptance of federal funds under President Joe Biden’s American Rescue Plan Act (ARPA) restricts the state as to how much it can reduce taxes. The governor also voiced concern that a longer tax holiday would compromise the state’s ability to fund transportation. The gas tax’s suspension will cost the state over $90 million.Read More